The Hardwood Federation produces a “D.C. Cheat Sheet” publication to maintain the trade up-to-date on the newest information from Washington D.C. Take a look at the September fifteenth version under and join to obtain your copy at this time.
Negotiators Derail Risk of Main Transportation Strike
On the heels of one more unsettling inflation report launched on Tuesday, the hardwood sector and broader enterprise group dodged a bullet Wednesday evening when railway carriers and unions reached a tentative labor deal, avoiding a strike that may additional disrupt already-stressed provide chains. The framework extends the so-called “cooling off interval” to iron out the main points and delivers one of many union’s key calls for, a 24 p.c pay elevate for staff over a five-year interval, a key level brokered by the Biden Administration, which intervened in discussions. Throughout the days main as much as the settlement, trade teams together with the U.S. Chamber of Commerce, chemical makers, and the Hardwood Federation and a gaggle of allied associations have drafted letters urging Congress to take steps that may fast-track a settlement.
Federation Companions with Farm Invoice Allies
The Hardwood Federation workforce is making ready for the following Farm Invoice, becoming a member of forces with coalitions to leverage the Federation’s prime agriculture priorities. This contains the “Forests within the Farm Invoice” (FIFB) Coalition, a gaggle that convenes each 5 years to assist form forestry, biomass vitality, and forest merchandise coverage as a part of the bigger Farm Invoice bundle. This 12 months, HF is serving on a FIFB subgroup to discover applications inside the farm invoice to extend demand for forest merchandise. The federation can be taking part within the Forest Local weather Working Group’s (FCWG) efforts to determine widespread forest associated priorities for inclusion within the Farm Invoice. FCWG additionally represents a various group of individuals targeted on forests and forest merchandise as an answer to local weather challenges. Along with the FIFB and FCWG, we’re working with our colleague organizations that depend on and help the Market Entry and Overseas Market Growth applications.
USFS Studies Third Quarter Drop in Timber Gross sales
The U.S. Forest Service (USFS) has launched its “Lower and Offered Report” for the Fiscal Yr (FY) 2022 third quarter, displaying whole volumes of all convertible forest merchandise offered and harvested from USFS lands. The report exhibits a drop in gross sales from 146 Billion Board Ft (BBF) in year-to-date output for FY2022 as in comparison with 1.435 BBF at this level in FY2021, a decline of 25 BBF in year-over-year gross sales. Though Congress has poured important assets into the USFS system, together with funds from the 2021 bipartisan infrastructure regulation, now we have not but seen proof that the impacts of this infusion have trickled all the way down to the operational degree.
Supply: Hardwood Federation